4 ms·
In the late 90s dot-com bubble, I had many friends at the Austin software company Trilogy (which hired extensively at our university). Apparently they had an H
by TuringNYC 7y ago
In the late 90s dot-com bubble, I had many friends at the Austin software company Trilogy (which hired extensively at our university).
Apparently they had an HR referral promotion where "you refer a person that gets hired, you get $5000, you refer two people, you get $10000, you refer three people, you get $20000, and so on..."
I heard the referral schema was quickly cancelled once HR discovered exponential growth.
- mlrtime 7y agoThis is still quite common however hiring managers, internal recruiters and HR are always excluded.
- jedberg 7y agoI had a friend in the 90s who started at a tech company as an admin assistant. But her husband was an engineer and she knew a ton of engineers, so she started referring them. The company paid $5,000 for each hire. She got so many people in the door that she made more money on referral bonuses than her regular salary. The company solved the problem by "promoting" her to HR as a recruiter.